Stanley Mbugua - Sep 27, 2022 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Chief Accounting Officer
Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Stock symbol
SKLZ
Transactions as of
Sep 27, 2022
Transactions value $
-$11,310
Form type
4
Date filed
9/29/2022, 06:09 PM
Previous filing
Oct 8, 2021
Next filing
Dec 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $0 +34.1K +582.22% $0.00 39.9K Sep 27, 2022 Direct F1
transaction SKLZ Class A common stock Sale -$11.3K -10.6K -26.61% $1.07* 29.3K Sep 28, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SKLZ Restricted Stock Units Options Exercise $0 -34.1K -25% $0.00 102K Sep 27, 2022 Class A common stock 34.1K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F2 Securities sold to cover costs associated with the vesting of restricted stock units.
F3 Twenty-five percent of the restricted stock unit grant vested on September 27, 2022 and the remainder will vest in substantially equal quarterly installments thereafter over the next three years.